Bank of America (BofA) on Thursday purchased shares worth Rs 44 crore in (RIL) through a block deal. According to Trendlyne data, BofA Securities Europe SA, an affiliate of the global financial institution, acquired 2.95 lakh equity shares of RIL at a price of Rs 1,475.5 per share. Advertisement

The seller in the transaction was Kadensa Master Fund, which offloaded an equal quantity of shares at the same price. At close, RIL's stock fell 1.04 per cent to Rs 1,488.45 on BSE.

RIL, the country's largest company by market capitalisation (m-cap) at over Rs 20 lakh crore, also announced a major digital initiative on Thursday. The conglomerate said it would offer Jio users free access to Google AI Pro for 18 months, valued at Rs 35,100. The move is aimed at expanding access to artificial intel

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